I am a tad confused. At the time of announcing KGD 2.1 cents and deal valued them at 2.8 cents. They even hung around 2.3 cents for a while. Then they got taken up to 3.1 cents. Mean while GPR has been sat on no great volume.
So assume clever play was sell GPR and buy KDG.
I can see the opportunistic nature of the take over but it's not that necessary for GPR.
They will keep doing what they are doing to increase their holding. Lots of drilling, lots of results maybe a cap raise and the big resource. Meanwhile KGD stake keeps shrinking.
Hence if for some reason GPR need to take out KDG buy KDG.
Else if GPR wolks away and it's back to normal and there is lots of gold rather be on GPR.
If anyone sees why taking out KDG is a total necessity love to know.
I am a tad confused. At the time of announcing KGD 2.1 cents and...
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.19M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1072681 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 345 | 2 |
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| Last trade - 16.14pm 19/06/2025 (20 minute delay) ? |
| GPR (ASX) Chart |
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